Friday, February 4, 2011

Enjoying a good night sleep while thousands of dollars trickles in

Making lots of money these days does not have to involve lots of complicated formulas. Incase you are perplexed by the question how to make money in 2011 let me inform you that making millions can be as simple as enjoying a good night sleep while passive income trickles in.

Yeah! I mean it; you don’t have to deny yourself precious sleep so as to make money. You don’t have to work long hours so as to be a millionaire. Many people have made millions passively. I am going to show you free of charge how to make money passively without sweating much.

Start your own blog


It is high time you get over such ideas that blogs are only for big businesses and individuals with reputable brands. Just as an average Joe you can make thousands of dollars each month from a blog. If you make $5,000 from your blog every month you will not be like the richest blogger in the world. Let me assure you there are dozens and dozens of individuals who make more than $100,000 from blogs every month. If you don’t believe me better you click here. In many how to make money passively websites you will find a reference being made to making money using blogs.


The blogging business is big time business and it is making many make a descent income passively. An article you place in a blog will generate passive income the whole of your life if the blog is subscribed to Adsense. Starting a blog with blogger or wordpress is absolutely free and the blog can start to make money from the first week.


Online marketing


Since time immemorial marketing has been an avenue of riches. Nowadays, marketing has become more lucrative with some people making millions passively from online marketing. The joy behind online marketing is that if the right online marketing tools are used your products will market themselves and sell themselves even when you are deep in your sleep.


Want to be an online marketer? Try selling digital goods


To save yourself the hassle of having to have a Store to store physical goods it is advisable to specialize in selling digital goods online. Digital goods are goods like e-books and soft wares. Joining sites such as click bank will give you the privilege of selling softwares designed by top software engineers and e-books written by expert writers. Such digital goods sell themselves. All you will be required to do is to advertise the goods in your blog or your friend’s blog. Once a potential buyer clicks on the advert he will be directed to make payments online via PayPal, Alert pay or Moneybookers. After making payment, the buyer will be given a link to download the digital good.


Definitely if you have managed to read up to this point you now have your how to make money questions partly answered. The topic how to make money in 2011 cannot be fully exploited in one article. However, let me assure you that if you dedicate you efforts towards generating passive income you will find yourself making thousands of dollars even if you are deep in your sleep.

Tuesday, January 25, 2011

The world is full of unlimited opportunities for making money


Yeah! So you may ask, why do I choose to address this topic. Well! The answer is simple: I choose to address this topic because Google search engines data shows that about 70% of the searches this year are centered on the topic “How to make money in 2011.” The answer to the question how do I make more money in 2011 is simple and straightforward: LOOK for more opportunities. In this article I will show you the opportunities not to forsake in case you are really interested in making money this year.

Opportunities for making money

Facebook: yes! I mean this. Facebook can make you a millionaire this year. If you own a small business you should consider advertising using Facebook advertisements. Facebook advertisements will make millions and millions of people to read about your business or your service. Remember, facebook is the most visited site in the world with over 2 billion human beings visiting facebook every day. You do not have to be a big business to use Facebook ads. Facebook advertisements are very cheap. Actually it is possible to advertise on facebook with only $1. (That is around KES 80.) Even if you are considering auctioning some few items i.e. old books etc etc… why not use facebook and reach billions of people.

Online marketing: The much I can say about this niche is that it is one of the most lucrative business niches in the world presently. Mark Cuban an online marketer is one of the richest people in the world. If you are a person gifted with words you should consider venturing into this niche. Marketers are in high demand not only by banks and insurance companies but also by big time enterprises in the USA.

ETF’s: This may be a hard jargon to some. In simple terms and ETF is an exchange traded fund. For those who do not have much knowledge in the finance sector I can say ETF’s are just like stocks. However, most ETF’s are more lucrative than stocks and guarantee massive returns.

The world is full of unlimited opportunities. Don’t be left behind as people make millions in 2011.

Copyright Emmanuel Kigen.

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Wednesday, October 27, 2010

Recession Proof Guide to Happy Living

The unending economic woes should not be cause for worry to anyone armed with the tricks of surviving in hard economic times. Surviving in economically challenging times involves a proper combination of expense cutting strategies and income boasting mechanisms. The strategies and mechanisms to be recession proof in these gloomy economic times are listed below.

Budget
Knowing the importance of budgets in facilitating financial soundness is the core secret to staying above the recession flood. The ideal recession budget should be one that primarily focuses on reducing costs. Some health coverage costs and other unnecessary costs spend on groceries and household items should be struck off one’s recession budget. In case of necessary health coverage like dental coverage and necessary grocery purchases, cheaper options should be obtained. It’s advisable to look out for discounted coverage plans and free coupons on groceries, toys, clothing and other household items.

Track expenditures
The next logical step after budgeting is to track expenditures to see whether they are in line with the budgeted estimates. In case they are in line with the estimates this shows an improvement in expense cutting strategies and a higher chance to survive the recession tide. In situations where current expenditures are further deviated negatively from budgeted amounts this signals the need to develop more workable strategies. Strategies will only be workable if discipline and sacrifice are infused into spending patterns.
To properly track expenditures it will be better to purchase using debit cards instead of cash. A debit card keeps record of all monthly expenditures.

Manage credit situation
Debt is one of the roadblocks to happy living during recession times. Simple measures like suspending the use of credit cards for sometime will help ease the debt burden. If it becomes necessary to buy on credit requesting for a Home Equity Line Of Credit (HELOC) from one’s mortgage lenders will be of great aid. HELOC is offered by popular banks like Bank of America and allows one to carry out large purchases on credit. To further manage one’s credit situation the available assets should be used to offset bank loans and other debts.

Research on income sources
During recession times many jobs are lost as companies cut back on their employment budgets. Researching on recession proof careers and industries is a proven way to find a well paying job during recessive times. Part time jobs will also help supplement one’s main income during hard economic times. These jobs may include singing, writing, dancing among others.
The recession period can be a bitter experience to all without sound financial plans and proven survival tactics. It simply takes a well defined budget and a steady income source to be recession proof and have a happy life when many are having bad times.

This article is a copyright of Emmanuel Kigen